Loan & DebtApr 8, 2026, 05:31 PM
Solaris Energy Infrastructure Secures $200 Million in Additional Term Loan Commitments, Expanding Total Facility to $500 Million
AI Summary
Solaris Energy Infrastructure, Inc. and its subsidiaries have entered into Amendment No. 1 to their senior secured term loan agreement, originally dated March 16, 2026. This amendment provides for an additional $200 million in commitments, significantly expanding the company's financing capacity. With this addition, the total aggregate principal amount available under the Term Loan Agreement now stands at $500 million, building upon the initial $300 million. The additional funds are available for a single borrowing until October 8, 2026, subject to customary conditions precedent, providing Solaris with enhanced liquidity and capital for strategic initiatives.
Key Highlights
- Solaris Energy Infrastructure, Inc. entered into Amendment No. 1 to its senior secured term loan agreement on April 8, 2026.
- The amendment provides for $200 million in additional commitments under the Term Loan Agreement.
- This increases the total aggregate principal amount available under the Term Loan Agreement to $500 million, up from the original $300 million.
- The additional commitments are available for a single borrowing until October 8, 2026, subject to customary conditions.
- Goldman Sachs Bank USA continues to serve as the administrative agent and collateral agent for the facility.